[∞ YH] solo.ckpool.org 2% fee solo mining 293 blocks solved!

[-ck]

Lets get back to math!

what are the chances of finding a block (or more-how many?) using 1.00 EH/s for 24 hours?
what are the chances of finding a block (or more-how many?) using 2.00 EH/s for 12 hours?

Which is better to consider if both are the same cost?

See solochance.com
Makes no difference if both are run within the same difficulty period; only how long you wish to watch your statistics.

[CryptoHFs]

Lets get back to math!

what are the chances of finding a block (or more-how many?) using 1.00 EH/s for 24 hours?
what are the chances of finding a block (or more-how many?) using 2.00 EH/s for 12 hours?

Which is better to consider if both are the same cost?

See solochance.com
Makes no difference if both are run within the same difficulty period; only how long you wish to watch your statistics.

thanks for creating all these tools very helpful

do you know any better place than nicehash and miningregrental? I already started renting from users here but I need big hash amounts

[-ck]

Lets get back to math!

what are the chances of finding a block (or more-how many?) using 1.00 EH/s for 24 hours?
what are the chances of finding a block (or more-how many?) using 2.00 EH/s for 12 hours?

Which is better to consider if both are the same cost?

See solochance.com
Makes no difference if both are run within the same difficulty period; only how long you wish to watch your statistics.

thanks for creating all these tools very helpful

do you know any better place than nicehash and miningregrental? I already started renting from users here but I need big hash amounts

I did not create solochance.

No idea where else, sorry; most big farms mine for themselves.

[CryptoHFs]

Playing a little bit with that tool brings 1 more question

if the tool says I get a block every 3 days what are the potential rate of getting more than 1 block every three days?

Because the second block is the one that may include the profits and coverage for somedays

like once a month? any insights for this?

[paid2]

Playing a little bit with that tool brings 1 more question

if the tool says I get a block every 3 days what are the potential rate of getting more than 1 block every three days?

Because the second block is the one that may include the profits and coverage for somedays

like once a month? any insights for this?

3 more days is the answer with an average luck of 100%.

If you want to have more than 1 block in 3 days in this example, you would need more hashrate, or a lot of luck..

[CryptoHFs]

Playing a little bit with that tool brings 1 more question

if the tool says I get a block every 3 days what are the potential rate of getting more than 1 block every three days?

Because the second block is the one that may include the profits and coverage for somedays

like once a month? any insights for this?

3 more days is the answer with an average luck of 100%.

If you want to have more than 1 block in 3 days in this example, you would need more hashrate, or a lot of luck..

if more hash then my strategy will never be profitable.. if more luck that's what I am interested in, about how often it happens?

if I only know how often I can build a 100% profitable strategy that makes solo mining through services isn't gambling anymore

[soul_trader]

144 blocks in 24h,diff is 50e.
1 case - 144/50:1=2.88
2 case - 72/50:2=2.88

1 in 2.88 for me

But i would go with 1e for 24h

[CryptoHFs]

I need someone that has strong C#/C++ coding skills who is interested in SOLO mining no solo mining teams and is expert in using nicehash and similar services to break the world together. I Almost gathered the idea into my head the worst thing is breakeven.

I will bear all testing costs (in terms of hash rents) and he will code for free as he will know the idea which he can use for himself or outsource a management service using it later.

[CryptoHFs]

There seem to be quite a few newcomers to solo mining thanks to the recent spate of blocks found here, who don't quite understand some things so I'll try to make it clear:

Solo mining is gambling.

Unless you personally own at least 700PH with some kind of depreciation/deprecation plan, the vast majority of miners will lose money mining solo. (This estimate of required hashrate will go up as bitcoin difficulty rises.)

Renting hash long term and mining solo will never make a profit, as the rented hashes will end up costing you more than any rewards you make.

there are methods to almost make it a high risk high reward but at not unfavorable odds.

If you don't understand game theory  my talk may go over your head. but here goes. Look at the image.








Notice I offered only .259

lets break the world

[-ck]

Okay, it was fun, but please don't turn this thread into your personal blog. Stick to discussion related to this solo pool.

[citb0in]

Okay, it was fun, but please don't turn this thread into your personal blog. Stick to discussion related to this solo pool.

+1 fully agree

these full-quotes and memes would certainly be more appropriate on Reddit.

[DaCryptoRaccoon]

LTC Funded Blockhunt.

Going to run a small altcoin funded BTC hashrate solo run for those who might not have the larger 0.1 buy-in for the big groups.
Also I like to see altcoins being use for things and I think there is a fair amount of LTC floating about so it might open up to a wider audience while helping BTC along the way!

Normal rules apply max 10 places.

Buy in 3 LTC (approx $300)

Renting will be conducted from https://www.miningrigrentals.com/ and mining will start once all places and deposits have been confirmed.

I have created a small Telegram group that people are welcome to join where we can talk about future rentals.

https://t.me/BlockHuntz



+++  DEPOSIT +++



LTC Deposit address :

Code:

MTsUyJCrCrHhv3L5EAA1RySzLJssQeUu9k

Code:

1) MagicByt3
|     PAID     |   282f9a9b4f3a638687119c7ee07b820b3140d0cf4cd0ea396e72d0b5e302a343
2) Yarrou!                   
|     PAID     |   4331886c256161889922415582a558881856c3d506b65f8e300fe06e10100f6f
3)  jimjam123           
|     PAID     |   45a08f395b0f6b0fc5fe804efe1430dd985459abd12f34f5b4bfcbcff3c21609	
4) Free Slot              
|   PENDING |  
5) Free Slot              
|  PENDING  |
6) Free Slot
|  PENDING  |				
7) Free Slot
|  PENDING  |
8) Free Slot
|  PENDING  |
9) Free Slot
|  PENDING  |
10) Free Slot
|  PENDING  |

Mining Address : https://solo.ckpool.org/users/1MH9f5wc5phwL2KzqjzAdriERHPawmaRjy


Post TXID and payout address if you decided to join or stop by the telegram.

[jimjam123]

LTC Funded Blockhunt.

Im in, please put me in for a spot.
Will get the LTC deposited tonight or tomorrow.
Thanks,

[DaCryptoRaccoon]

LTC Funded Blockhunt.

Im in, please put me in for a spot.
Will get the LTC deposited tonight or tomorrow.
Thanks,

Hey jimjam long time no talk no problem will put you on the list!

 

[Gws24]

LTC Funded Blockhunt.

NOFI but this a solo pool for btc not for altcoins. Please make your own thread in the appopriate sub forum. Damn, missed that it is a btc run but funded with altcoins.

[DaCryptoRaccoon]

LTC Funded Blockhunt.

NOFI but this a solo pool for btc not for altcoins. Please make your own thread in the appopriate sub forum. Damn, missed that it is a btc run but funded with altcoins.

Yep for BTC mining buddy just some don't want to spend there BTC on rentals and many mine altcoins so we can use them to do runs I think this opens up btc mining this way to more.

Cheap runs for the masses <3

[philipma1957]

mine has been offline for 3 ½ hours

https://solo.ckpool.org/users/bc1qaswx0t6gps4xzr4neku8ygr6f7qwc65jt5y3c3

heat issue here in New Jersey

Should be back online in 4-5 hours.

update

offline 640 am to 320 pm just about 8hours an 40 minutes make it 9 hours.

will tack 9 hours on to 31 day rental.

https://solo.ckpool.org/users/bc1qaswx0t6gps4xzr4neku8ygr6f7qwc65jt5y3c3

Still have same high share of

1,301,478,443,511

need

47,887,764,338,536.25

[mikeywith]

will tack 9 hours on to 31 day rental.

Just in case this P2P hashrate renting becomes a thing in the future, I think there should be better ways to measure that to avoid any troubles between both parties, maybe something like the number of shares (assuming the pool's diff never changes), or maybe by looking at the 7-day average even for 1-month rental, the two parties can check the hashrate on 7 days intervals and if it's within +-2-3% then everything is good.

Some pools keep track of the average monthly hashrate, and some even provide between two dates hashrate, not sure if CK is willing to add something like that, so maybe we should figure something out, I just wouldn't want to see fellow miners starting new accusation topics claiming the other party didn't stick to the contract, I think many things can go wrong with the manual tracking like the one you did.

[CryptoHFs]

will tack 9 hours on to 31 day rental.

Just in case this P2P hashrate renting becomes a thing in the future, I think there should be better ways to measure that to avoid any troubles between both parties, maybe something like the number of shares (assuming the pool's diff never changes), or maybe by looking at the 7-day average even for 1-month rental, the two parties can check the hashrate on 7 days intervals and if it's within +-2-3% then everything is good.

Some pools keep track of the average monthly hashrate, and some even provide between two dates hashrate, not sure if CK is willing to add something like that, so maybe we should figure something out, I just wouldn't want to see fellow miners starting new accusation topics claiming the other party didn't stick to the contract, I think many things can go wrong with the manual tracking like the one you did.

I can sponsor the P2P hash exchange creation

will start working on it next month if i success collecting the hashes i want to rent

philipma1957 its okay no need to cover the 9h

will organize it more in the future rentals

[CryptoHFs]

LTC Funded Blockhunt.

Going to run a small altcoin funded BTC hashrate solo run for those who might not have the larger 0.1 buy-in for the big groups.
Also I like to see altcoins being use for things and I think there is a fair amount of LTC floating about so it might open up to a wider audience while helping BTC along the way!

Well i'll leave this here as a warning to future dreamers (Renters) that's me now alot of $$ down the pan over the last 4 years renting hash to try for a block (would have been better buying the $$ of bitcoin in the dips) and I have also always kept S3's and v9's on chain too with no luck once this hash run's out this time I am out of the mining game.

Just threw my last 15 LTC at rentals no luck 6 hr's left then i'm sorry to say but I won't be returning to the mining space.

Would have still been a fair payday with bitcoin being at the +£7k range would have netted a profit of around 30k or so for 4 years work but the god's of the hash are just not with me.

Sad times...

Magic.

what changed to back again? am reading now every single page of this thread